HD Hyundai Heavy Industries filed a complaint against Hanwha Ocean for alleged misrepresentation of facts and defamation related to the leak of military secrets.
Korean shipbuilder Hanhwa Ocean said Thursday negotiations have been underway to take over Australian shipbuilder Austal as part of its bid to tap deeper into the global naval shipbuilding market.
The country's three biggest shipbuilders all logged operating profit in the first quarter on the back of rising ship prices and reduced production costs.
Hanwha Ocean was founded on a culture of technology-oriented excellence. It aims to become a sustainable green technology company recognized as the new paradigm in the marine industry of the future.
The Korean shipbuilder secured a contract for eight liquefied natural gas carriers for an Oceanian shipper.
Hanwha Ocean accused HD Hyundai Heavy Industries of orchestrating the illegal collection of military secrets, calling for a police investigation.
HD Hyundai Heavy Industries remains eligible to bid on government contracts despite its employees' leakage of military secrets.
The order for new stealth guided-missile destroyers may be inacessible to HD Hyundai Heavy Industries, which may be banned from bidding over a past intelligence leak.
Hanwha Ocean clinched a 331.2 billion won ($247 million) order for two very large ammonia carriers (VLACs) from an undisclosed Oceanian shipper, according to the shipbuilder on Monday.
Hanwha Ocean has signed an agreement with German defense contractor Gabler on submarine maintenance, repair and overhaul (MRO), said the Korean shipbuilder on Wednesday.
Korea JoongAng Daily Sitemap